SOLD
Frederick, MD CPA Practice for Sale
Listing #
MD1052
Location
Annual Revenue
$375,000
Asking Price
$450,000
Type
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This CPA Practice for sale in Frederick, MD has annual gross revenues of approximately $375,000. Â Revenues are weighted toward tax work (72%), but with a nice mix of accounting and tax planning services (28%) to provide year-round income. The tax work includes over 200 individuals and 75 businesses. Â There is a solid fee structure in place generating good cash flow to owner over 50% of gross. Â The well-established, quality client base also includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Along with staff and an office location, the seller is available to stay on, for an extended transition to ensure maximum client retention. This is a perfect turn-key opportunity for an individual ready for practice ownership with an established book of business and future growth potential combined with the security of a built-in mentor.
This CPA Practice for sale in Frederick, MD has annual gross revenues of approximately $375,000. Â Revenues are weighted toward tax work (72%), but with a nice mix of accounting and tax planning services (28%) to provide year-round income. The tax work includes over 200 individuals and 75 businesses. Â There is a solid fee structure in place generating good cash flow to owner over 50% of gross. Â The well-established, quality client base also includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Along with staff and an office location, the seller is available to stay on, for an extended transition to ensure maximum client retention. This is a perfect turn-key opportunity for an individual ready for practice ownership with an established book of business and future growth potential combined with the security of a built-in mentor.
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